GREENWICH 57-3142
GREENWICH 57-3142 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by PDC Permian, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2016 to August 2026, totalling 3,053,570 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.0M, with roughly $434K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 2,397 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 116,508 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about GREENWICH 57-3142
- Who operates GREENWICH 57-3142?
- GREENWICH 57-3142 is operated by PDC Permian, Inc., Railroad Commission of Texas operator number 646832.
- Where is GREENWICH 57-3142?
- GREENWICH 57-3142 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283407.
- Is GREENWICH 57-3142 still producing?
- GREENWICH 57-3142 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREENWICH 57-3142 is August 2026.
- How much has GREENWICH 57-3142 produced?
- GREENWICH 57-3142 has reported 3,053,570 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2016 and August 2026, from 1 wellbore.
- How much is GREENWICH 57-3142 worth?
- The remaining production from GREENWICH 57-3142 is estimated to be worth about $2.0M in total as of 27 August 2026, within a range of $1.7M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREENWICH 57-3142 is a fraction of it. The estimate fits an Arps decline curve to the production GREENWICH 57-3142 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREENWICH 57-3142 is an estimate of value, not an offer and not an appraisal.
- How much income does GREENWICH 57-3142 generate in a year?
- GREENWICH 57-3142 is forecast to net about $434K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GREENWICH 57-3142 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PDC Permian, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 283407 |
| Wellbores | 1 |
| Reported production | 3,053,570 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where GREENWICH 57-3142 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.